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CAPITA Inc., First Half Ordinary Profit Increases by 3.4 times, Exceeds Full-Year Plan

Wed Nov 13, 2024 4:00 pm JST Earnings

7462 CAPITA Inc. 【J-GAAP】

Earnings Report

CAPITA Inc. <7462> [TSE-S] announced its financial results after the market closed on November 13th (16:00). The ordinary profit (non-consolidated) for the cumulative second quarter of the fiscal year ending March 2025 (April to September) surged by 3.4 times that of the same period last year, reaching 54 million yen, exceeded the previous forecast of 38 million yen.

The progress rate against the full-year plan of 46 million yen is 117.4%, already exceeding the target and also exceeding the five-year average of 56.6%.

Based on the first-half performance announced by the company and the unchanged full-year plan, our calculation indicates that the ordinary profit/loss for the October to March period (second half) is expected to turn into a loss of 8 million yen (compared to a profit of 24 million yen in the same period last year).

In the most recent three-month period, from July to September (2Q), the ordinary profit increased by 41.7% from the same period last year, reaching 17 million yen. The operating profit margin improved from 1.7% in the same period last year to 2.7%.

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Actual Results

Accumulated Results 2nd Quarter
Fiscal Year Revenue Operating Profit Ordinary Profit Net Profit Adj. EPS Progress Rate vs. First Half Announce Accounting Standards
Apr - Sep, 2022 1,737 58 56 34 9.5 70.0 Nov 14, 2022 J-GAAP
Apr - Sep, 2023 1,545 19 16 10 2.9 40.0 Nov 13, 2023 J-GAAP
Apr - Sep, 2024 1,971 60 54 41 11.6 117.4 Nov 13, 2024 J-GAAP
YoY +27.6% +215.8% +237.5% +310.0% +303.8%

First Half Results vs. Previous Guidance

Fiscal Year Revenue Operating Profit Ordinary Profit Net Profit Adj. EPS Adj. Dividend Announce Accounting Standards
Apr - Sep, 2024 Guidance 2,163 44 38 33 9.2 0 May 14, 2024 J-GAAP
Apr - Sep, 2024 Results 1,971 60 54 41 11.6 0 Nov 13, 2024 J-GAAP
Revision Rate -8.9% +36.4% +42.1% +24.2% +26.5%

Current Period Guidance

Second Half Results

Fiscal Year Revenue Operating Profit Ordinary Profit Net Profit Adj. EPS Adj. Dividend Announce Accounting Standards
Oct - Mar, 2023 1,499 33 24 12 3.4 2 May 14, 2024 J-GAAP
Oct - Mar, 2024 Guidance 1,760 -3 -8 -18 -5.0 2 Nov 13, 2024 J-GAAP
YoY +17.4% － － － －

Current Period Guidance

Fiscal Year Revenue Operating Profit Ordinary Profit Net Profit Adj. EPS Adj. Dividend Announce Accounting Standards
Mar, 2023 3,344 82 80 55 15.5 2 May 12, 2023 J-GAAP
Mar, 2024 3,044 52 40 22 6.3 2 May 14, 2024 J-GAAP
Mar, 2025 Guidance 3,731 57 46 23 6.4 2 May 14, 2024 J-GAAP
YoY +22.6% +9.6% +15.0% +4.5% +1.3%

Quarterly Results

Fiscal Year Revenue Operating Profit Ordinary Profit Net Profit Adj. EPS Operating Profit Margin Announce Accounting Standards
Jul - Sep, 2023 808 14 12 8 2.3 1.7 Nov 13, 2023 J-GAAP
Oct - Dec, 2023 769 28 23 15 4.3 3.6 Feb 13, 2024 J-GAAP
Jan - Mar, 2024 730 5 1 -3 -0.9 0.7 May 14, 2024 J-GAAP
Apr - Jun, 2024 1,228 40 37 29 8.3 3.3 Aug 13, 2024 J-GAAP
Jul - Sep, 2024 743 20 17 12 3.4 2.7 Nov 13, 2024 J-GAAP
YoY -8.0% +42.9% +41.7% +50.0% +47.4%

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